Wealth Protection Specialist Career Path

Pursue a Wealth Protection Specialist Career Path at ICM

If you’re interested in a wealth protection specialist career path, you’ll be impressed to discover a world of opportunity open up to you when you work at ICM Financial. You’ll be equipped with everything you need to be successful in your new vocational venture. ICM is independent, nonproprietary, and allows our wealth protection specialists to offer the best policies. Discover a wealth protection specialist career path with ICM and secure your future.

What Does a Wealth Protection Specialist Career Path Entail?

Prior to pursuing a wealth protection specialist career path, you should understand what life insurance is and how the life insurance industry operates. Life insurance is purchased by individuals to provide financial resources to beneficiaries upon the death. It may be purchased to serve as income replacement, debt repayment or to fulfill promised funds such as college tuition. The purpose is to provide stability, peace of mind and security, as delivered by a wealth protection specialist career path.

What are the Responsibilities of a Wealth Protection Specialist?

In this position you contact prospective clients in order to sell products. It’s the job of the specialist to understand and explain the products and services to the potential client so that they can efficiently choose a plan that’s right for them. A specialist will:

Prospect clients in order to expand their client pool

Interview prospects in order to fully comprehend their needs and pain points

Explain different policies and the advantages of each

Evaluate the prospect’s current insurance policies (if applicable) to see how improvements can be made

Provide personal, customized service that suits the individual needs of the client

Manage policy renewals

You may specialize in different products or have a more generalized approach, such as providing more comprehensive financial planning services. This may include estate planning and pension planning for businesses. You may also offer mutual funds, variable annuities and other securities.

New Clients

Creating and/or bolstering your existing client base is a vital part of the wealth protection specialist position. This may include absorbing clients from other agents who are still at the company or who are no longer there. It’s important to effectively market your services to clients, especially to those who are not current clients. When you provide exemplary service, you get referrals. Referrals are an excellent way to garner new clients, as there is an established bond of trust.

Why Take a Wealth Protection Specialist Career Path?

The life insurance market is undergoing a growth period. As more individuals age, the need for your services continue. The income potential is high, and is often contingent on how hard you work, putting the power to succeed in your hands. It’s also a personally rewarding job as you help your clients secure their future.

A Broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

The Inc. 500 is ranked according to percentage revenue growth for four years. Additionally, they have to be US based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies. ICM was named to the Inc 500 in 1996 and 1997.